As revealed exclusively by News Limited, Gillett and Reed have inked new contracts in a major boost for the Broncos ahead of Friday night's Queensland blockbuster against the Cowboys at Suncorp Stadium.

The 24-year-olds were to come off contract at season's end but Broncos recruitment chief Andrew Gee has moved swiftly to reward Reed and Gillett for their blistering early-season form.

Brisbane hierarchy confirmed the pair's re-signing at a press conference this morning.

Utility Gillett has signed a three-year deal to stay at the Broncos until the end of 2016, while centre Reed is locked in until the end of 2017 after being handed a four-year contract.

The retention of the Bribie Island juniors comes just a fortnight after the Broncos were hit by the loss of rising playmaker Corey Norman, who agreed to a three-year deal with Parramatta worth $1.3 million.

"The next three or four years will be their best, they have done their apprenticeship so to speak and they will give us a great foundation along with the other guys.

"It was vital for us going forward than these two guys stayed and wanted to be part of the club.

"They didn't even go to the market, they were sure about what they wanted to do and where they wanted to be which is another great message for everyone involved in the club.

"They will play a big role in the future of the team."

While holding on to Gillett and Reed helps offset Norman's impending departure, the Broncos have funds under the salary cap for another big-name purchase and are scouring the market for a playmaker.

Reed, the English international, has rebounded well from an injury-affected 2012, playing a key role in the Broncos' 32-12 upset of the Titans at Skilled Park last Friday night.

"To be at the club for a few more years is great for me and I didn't think anything like this would happen. So to be part of this club's history and its future is great for me," he said.

"I met 'Gillo' when I was 12 when I first moved up from Ipswich, I either played footy with him or against him.

"We talked to each other about it (their futures), we knew we were going to re-sign and to stay here was always the main intention."

Gillett has played 80 minutes in five consecutive games in the back row and firmed as a Trans-Tasman Test bolter after making 40 tackles and 13 hit-ups against the Titans.

"I was pretty relaxed about it, I let my manager deal with it and now this is out of the road I am happy to get on with my footy," he said.

"I have plenty of friends and family up here, moving down to Sydney would have been a big move. I didn't look around, I was just happy to stay here.

"Knowing we will be here for a long time in our careers is a good thing."

Broncos skipper Sam Thaiday believes Gillett, who has 26 tries from 68 top-grade games, is ready for an Australian jumper following his Queensland Origin breakthrough last season.

"He definitely deserves to be in the mix," Thaiday said.

"He has shown in the past he can handle rep football, I thought he played well for Queensland last year and his form has been fantastic this year.

"If he wants to talk to me about it, I'd tell him that if he plays good footy for the Broncos, the rep stuff will come. He just has to keep doing his job for us and he will get there.

"He'd be fine (playing for Australia) ... he could certainly handle it."

The Broncos have a number of top-liners who remain free agents for 2014. Utility Ben Hunt, promising rookie Jordan Kahu, wingers Lachlan Maranta and Dale Copley and forwards Dunamis Lui and Scott Anderson are fighting for their futures in the coming months.

Youngsters Kahu, 22, and Lui, 23, are expected to win new deals, but the future of Hunt is looking increasingly uncertain.

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